The Palatka daily news. (Palatka, Fla.) 1884-1888, 1887-06-05

Wheat spot Islt54 and options 3stsff3l higher,
closing Iirm 1T near best rates.-No. (: red
June, 911a1sgs, closing g.ss; July. @rastfH, cls-
ing at 957s: August. 9Fisff rSt chasing ut .E}1s-
Corn spot, 14Ge1s and options IA = higher,
tsI4 6f 4s1s. closing at 4s5s; August, i9L. i914
closing at i914 Oats, white, steady, mIXsc, II
Es,Gr:ss: MIXED Western, 3f5t:s., v hite western
:eSft4s. No. :, June. Sst4fG;si closing at .S@ss-
Hops dull and unchanged Coffee, fair RIo,
quiet mt ~ options fairly active and higher.
No. Rio, June, Sla,stnf S.1I-ar July. s-5-Tt,3 ~
~ sugar, dull and unchanged. refined tirm
Molasss.-, firm. sD test, lSc. Rice, steady cot
ton seed oil, "a crude, 4ct4tsc. Refined resin,
quiet at sl2ss0 La. Turpentine, ;5lid :f'e''.
changed. Pork steady, trading light Mess
SIS; old, Sl6. New beef, dull; mddle-, dull and
nominal. Lard 5tt1 points higher but less ac-
tive Western steam, spot, S.tE.la: to arrive,
July, 5. Jss9s.6- Freights dull Cotton l-l6d,
wheat al
CHICAGO, June THE wheat market opened
a little less firm than at the close yesterday.
There was no special reason for this other than
local temper for neither cables nor any eli
matte advices received ddring the early hours
of the day changed the general situation IA par
ticle- june wheat, however, received goo'i
deal of attention during the morning. il was
bid stoutly for at opening at SOLE One feii-
ture of put was that there was scarcely any sell
ing of June option by anybody except houses
identified with cliqce. Ii became evident,
early i'll the session, that the clique WIS All
vancing very quietly its selling price for June
option. June advanced gradually during the
day from the opening figure OF sD1s 10 ". III
close. The aNlttltN Win WnlCh the offerings at
each limit were taken was "a surprise % tn''-e
who have held out on the theory that all wheat
country California bulge helped June wheat
hat, shorts bought with more less
freedom realizing that the clique controls cash
wheat absolutely. Receipts of wheat were not
as heavy as expected being 2l5 cars of wheat
July wheat opened at sole. but before noon,
July option was forced up to S11s. through
| heavy releases by several brokers. No great
| amount of clique news was floating about.
Some New Workers predicted collapse IN their
own corner and consequently, aisatster tn
Chicagoans, but no particular weight WAS at
tached tn gossip of this sort. The last half
il was made up. Estimates on visible supply
uext week are that IL will show an increase OF
| at least ,UOUD bushels July cloSed at s6ti.
| IL is estimated that during the morning Ros.n-
| field sold shorts of 3GEJ.es0 bushels of July
wheat. Corn opened steady with II disposition
| on the part of the local crowd TO work for All
| advance. The offerings were not large and 4
| gain of * resulted. At bulge there appeared
To be plenty of sale and all early gain was lost
and the last sales were at the same figures on
yesterday large part of the trading was In
| changing cOntaacts from June July Open
\ ing sales for July were at 3t9s, advanced to ~
| then veal ened and closed ut ;ss'4. Oats were
dull and sales were within 14c. range ProyE
/ sions were generally active but unsettled, and
prices tuctuated more freely within larger
| and, at times. offerings light. ON every
break, however, they were ample for all re-
| quirements, and shortly before close slight
| weakness occurred, but the last sales of short
| ribs were at the same figures rs yesterday but
ribs opened at s. Ia. broke to s..4sisI7.50 sold
sold to 81 .611s, rece,ied and closed at - :. la
July lard opened at S6..219. sold at S6-6.1aEs6-
| .2te and closed with outside figures.
| Cash quotations were Flour firm and uu-
| changed No Spring Wheat, glis6Esi.; No
/ : red, slls. No. Corn, iS1s. No. : Oats, 2.Jas
| 6125s4- Mess Pork, S-s.-59d2}. Lard, S5.o21s6I
| 6oo Short rib sides, loose, Sa-j0r..Isis. Dry
| salted shoulders, boxed, S56Gt5.7o. short clesiI
/ sides, boxed, S1.65fC1.s0. Whisky Sf-IO.
| Leading futures closed as follows:
| Wheat-June, syls; July, 500; August. s4l /
Corn-June, ;ss1s; July. 39t4; August 4014 a No.
Oats July, -d5la. August. Mes
| Pork-June, S:Sioo- Larl-June, S6.tc31e July
| S6-1OG6-.2ts; August, Sf.S 6.s31.. Short Ribs
| June, $3.50, July. S15s1s; August. S1.65.
| WILMINGTON. June 4.-Turpentine firm ri
| 3lte. Resin firm strained. -: good strained
| 10 Tar firm at Sl-l5- Crude Turpeutnc firm
| hard. 81 l5 yellow dip. S2.l0; virgin, s2-sl-